Not sure who suggested this would be a 10- bagger except for you? I personally think a 3-bagger if your buy in price is around 1.00 a share. Gives it a MC of 750M AUS, which is conservative if producing 100-120k ounces per year at a low AISC. If NE sold, TAFTA settled with cash payment, and ugraded LOM, then maybe worth a lot more.
Show me a better option in the gold sector please, and I will change my opinion.
I am happy to do 300% ROE.
See you at 3.00
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$1.62 |
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